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Posts Tagged ‘$SPY’

Avoid #MACD for now! $SPX $SPY $DIA $DJIA $QQQ $COMPQ #heikinashi #markets

March 28, 2020 Leave a comment

SP-500 ($SPX) daily

  • (-) Bullish MACD is a good indication, in uptrends, when most signals are in positive area (above zero). Here, in a clear downtrend, the signal is well below zero. Its reliability is extremely weak. Avoid it.
  • (-) The ten-day average is outside the normal positive range.
  • (-) Heikin-ashi candle-inside-candle = Pause.
  • (-) haDelta (not shown here) triggered a sell signal at the end of Thursday.

 

SP-500 ($SPX) weekly

  • (-) Nothing looks positive here

 

SP-500 ($SPX) monthly

  • (!) Waiting for more downtrend.
  • (!) Below zero, the Hell breaks loose.

 

Optimism, realism or pessimism? *You are the judge! #markets #heikinashi $SPY $SPX $DIA $QQQ

March 22, 2020 Comments off

S&P-500 chart (Monthly)

 

$SPX, is this a crash warning? #markets #heikinashi #crash #trendfollowing

March 8, 2020 Comments off

SP-500 ($SPX) daily

  • (!-) The Turbulence Index, which measures the activity of several asset classes, is at a value not seen since 2008.

 

SP-500 ($SPX) weekly

  • (!-) The Turbulence Index is at a value not seen since 2008.

SP-500 ($SPX) monthly

  • (!) TI still at reasonable levels. The monthly timeframe is the most delayed of the three here.

 

High probability for a market correction $SPX $SPY #markets #trading #heikinashi #correction

February 23, 2020 Comments off

How much can the market stay stretched?

S&P-500 ($SPX) daily

  • (+) The previous price low at the end of January has not been hit (yet).
  • (!)  MACD is ready to issue a negative signal.
  • (-)  The daily 10-day average follows the rule: not higher that 1.5% from the price.

 

S&P-500 ($SPX) weekly

  • (+) MACD remains positive.
  • (!)  MACD indicator at chart highs.
  • (-) The daily 10-day average follows the rule: not higher that 4% from the price.
  • (-) A steep uptrend Oct-present. Too steep to continue.

 

S&P-500 ($SPX) monthly

  • (+) Impeccable uptrend.
  • (!-) The 10-month average is approaching historical resistance levels.

 

Is the #market stretched? | #heikinashi #trendfollowing $psyline #trading

November 3, 2019 Comments off

SP-500 ($SPX) daily

  • (!) Short-term 9 is a warning level.

 

SP-500 ($SPX) weekly

  • (+) Theoretically, a run to 9.

 

SP-500 ($SPX) monthly

  • (+) In a bull market, a long-term 9-level is not an indication of a top, but of a trend continuation.

 

$SPX, $TWTR, a #heikinashi #trend perspective | #markets #trendfollowing #twitter

August 10, 2019 Comments off

S&P 500 ($SPX) daily

  • (+) S-oscillator.
  • (-)  Short reaction.

 

S&P 500 ($SPX) weekly

  • (!) Sitting on the trailing-stop.
  • (-) Room for more downside.

 

S&P 500 ($SPX) monthly

  • (!) Unstable high position (S-oscillator).

 

Twitter ($TWTR) daily

  • (-) More downside from here.

 

Twitter ($TWTR) weekly

  • (-) A top here.

 

Twitter ($TWTR) monthly

  • (! -) Overextended.

 

Market weakness $SPX $SPY: *one* technical view | #heikinashi #markets #trendfollowing

May 19, 2019 Comments off

Or why you should add Heikin-Ashi tools to your analysis and trading/investing.

SP-500 ($SPX) daily

  • The recent high is in response to the previous very visible top, in late September-early October. Tweets may have exacerbated the momentum. But technical remains technical.
  • (-) Although a delayed indicator, $MACD works.
  • (-) haDelta points to more downward pressure.

 

 

SP-500 ($SPX) weekly

  • (-) Lower MACD highs.
  • (!) MACD is ready to turn lower.
  • (-) “In haDelta I Trust!”
  • (-) S-oscillator is reversing from the top.

 

SP-500 ($SPX) monthly

  • (!-) MACD may reverse.
  • (-) “In haDelta I Trust!”
  • (+) Risk is 11%.

 

 

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